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Microsoft's $69 Billion Deal to Buy Activision Blizzard

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A federal judge has declined to block Microsoft's $69 billion takeover of video game company Activision Blizzard

federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of. Regulators are seeking to ax the deal because they say it will hurt competition.

Microsoft appeared to have the upper hand in a 5-day San Francisco court hearing that ended late last month. The proceeding showcased testimony by Microsoft Chief Executive Officer Satya Nadella and longtime Activision Blizzard CEO Bobby Kotick, who both pledged to keep Activision’s blockbuster game Call of Duty available to people who play it on consoles — particularly Sony’s PlayStation — that compete with Microsoft’s Xbox.“Our merger will benefit consumers and workers.

 

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